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New research by NTT DATA has revealed that, globally, banks are choosing to build their own technology solutions to meet corporate demand.
The new Open Finance solution is aimed at “aspiring-affluent” consumers, earning between £40,000 and £150,000 who would benefit from financial guidance.
Figures from Innovate Finance show the amount invested in UK fintech rose 24% in the first six months of 2022, while globally, investment is levelling off.
Co-founder Marlene Garayzar is the first Mexican woman to have founded a unicorn technology startup in the country.
Through the partnership, the bank’s customers will be able to securely share data with their other financial apps.
As part of the expansion, there are two new direct implementation options for partners, ‘Partner Linked’ and ‘Partner Direct’.
Barclay joins from Swedish fintech Trustly, where he spent three years, and has also served as a senior policy advisor in the UK Cabinet’s open innovation team.